Prime CBD Hospitality Venue - High Exposure, Fully Licensed, Huge Potential
A rare opportunity to acquire a premium entertainment and hospitality venue in the absolute heart of Melbourne's CBD. Perfectly positioned in one of the city's busiest retail and lifestyle precincts, this fully licensed karaoke and cafe operation offers 1,100 sqm* of versatile space and outstanding potential for repositioning into a cafe bar, boutique nightclub, or hybrid venue.
Surrounded by major shopping destinations, office towers, hotels, and dining establishments, the venue benefits from exceptional foot traffic, excellent public transport connectivity, and easy accessibility from all parts of Melbourne. Whether it's for an after-work drink, a weekend retail break, or a large-scale social or corporate event, this venue is ideally located to capture a wide range of clientele.
Currently trading 7 days a week with extended hours from 12:00 PM to 3:00 AM, and equipped with a rare 4AM liquor licence, this is one of the few CBD venues with such a broad operating window - a huge competitive advantage.
Importantly, the landlord is open to flexible lease negotiations, including lease extensions or layout modifications. This gives the incoming operator freedom to reconfigure the venue-such as converting part of the space into entertainment gaming areas while retaining karaoke operations-unlocking even greater commercial potential.
With the current owners selling due to partnership dissolution, the business is priced well below its original $3M+ investment, making it a compelling acquisition for experienced operators looking to secure a flagship CBD site.
Key Investment Features:
- $2M+ Annual Revenue with strong upside potential
- Premium 4AM Liquor Licence - rare and highly valuable in the CBD
- Strategic 1,100 sqm Space - ideal for private functions, corporate events, parties, and daily trade
- Exceptional Location - surrounded by retail, dining, transport, and office buildings
- Flexible Use Potential - convert to a mix of karaoke, bar, lounge, gaming, or entertainment zones
- Landlord Open to Lease Extension or Venue Modifications
- Fully Equipped - all plant and equipment included, nothing to lease
This is your chance to own a high-profile hospitality venue in one of Melbourne's most vibrant and high-demand precincts. Enquire now for more details or to arrange a confidential inspection.
Ref: ME03271
Timestamp: [Phone Number Censored]
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